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DCG Fights Back as Genesis Rises From Possbile Bankruptcy
Digital Currency Group (DCG) appears to have avoided possible bankruptcy as its sister firms, and Genesis subsidiaries, have reached an agreement with creditors to avoid going under. The post DCG Fights Back as Genesis Rises From Possbile Bankruptcy appeared first on BeInCrypto. дальше »
2023-2-7 21:53 | |
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Breaking: DCG And Genesis Close Initial Agreement With Creditors
Per a report from CoinDesk, crypto lending firm Genesis and its parent company Digital Currency Group (DCG) are moving forward with the former’s bankruptcy process. The companies reached a “principle agreement” to restructure the lending firm. дальше »
2023-2-7 21:32 | |
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Gemini Vows Legal Action Against Genesis’ Parent Company amidst Bankruptcy Filing
US-based cryptocurrency exchange Gemini – founded by twin brothers Cameron Winklevoss and Tyler Winklevoss – is embroiled in a fresh tussle with Genesis Capital’s parent company DCG after the crypto lender (Genesis) filed for bankruptcy protection. дальше »
2023-1-30 22:18 | |
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Lenders accuse DCG CEO of hoax deal to hide $1.1b loss
In a proposed securities class action lawsuit against Digital Currency Group Inc., a group of lenders claimed that Barry Silbert, the CEO of an insolvent crypto firm, concocted a “misleading phony deal” to hide an impending $1 billion implosion. Former… дальше »
2023-1-25 14:25 | |
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Crucial Day For Bitcoin: Court Sets Date For Grayscale Vs. SEC
The insolvency of Genesis Trading and the related uncertainty about the future of Digital Currency Group (DCG) and Grayscale have not really dampened the mood on the Bitcoin market in recent weeks. Genesis’ bankruptcy filing, which was announced last Thursday, seems to have already been priced in by investors. дальше »
2023-1-24 13:40 | |
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Bitcoin Bull Trap Or Bull Run? This Is What Glassnode Says
The Bitcoin price is up 40% year-to-date (YTD) and has recaptured the $23,000 level. However, with ongoing concerns around DCG and Grayscale as well as macroeconomic uncertainties, many investors doubt the sustainability of the recent price rally. дальше »
2023-1-24 12:00 | |
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Could Cardano Buy Coindesk in DCG Fire Sale?
Learn about Charles Hoskinson's interest in buying CoinDesk, a crypto news service that is currently exploring options including a partial or full sale. The post Could Cardano Buy Coindesk in DCG Fire Sale? appeared first on BeInCrypto. дальше »
2023-1-24 00:30 | |
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The Fall of Genesis: A Wake-up Call for the Crypto Industry
The crypto industry has received a significant blow as Genesis, a prominent cryptocurrency lender, filed for bankruptcy. The SEC charges Genesis for illegal crypto sales. Genesis is a part of the DCG conglomerate of 200+ crypto-focused businesses. дальше »
2023-1-23 23:15 | |
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DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen
Digital Currency Group, the parent company of both Genesis and Grayscale, released a statement on January 20 commenting on the news that Genesis had filed for Chapter 11 bankruptcy. The post DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen appeared first on CryptoSlate. дальше »
2023-1-21 23:58 | |
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Cameron Winklevoss Threatens Lawsuit after Genesis Filed for Bankruptcy
Coinspeaker Cameron Winklevoss Threatens Lawsuit after Genesis Filed for Bankruptcy Winklevoss said this move will afford the firm to recoup its funds as the Barry Silbert-led DCG has continued to refuse to offer its creditors a fair deal. дальше »
2023-1-21 14:34 | |
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Genesis собирается подавать заявление на банкротство
Криптокредитор Genesis Global Capital готовится подать заявление о банкротстве, сообщает Bloomberg со ссылкой на свои источники. По информации агентства, компания, входящая в состав Digital Currency Group (DCG) Барри Силберта, может начать эту процедуру уже на этой неделе, пишет РБК Крипто. дальше »
2023-1-19 12:49 | |
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Финансовая неопределенность: что ждет инвесторов Gemini и DCG
Запутанная история между несколькими крупными криптовалютными компаниями набирает новые обороты на фоне вмешательства Комиссии по ценным бумагам и биржам (SEC) США. дальше »
2023-1-19 09:39 | |
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Genesis could file for bankruptcy this week: report
Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to be considering filing for bankruptcy. According to a Bloomberg report, Genesis is likely to file for bankruptcy this week. дальше »
2023-1-19 23:31 | |
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Digital Currency Group временно останавливает выплату дивидендов
Венчурная компания Digital Currency Group (DCG) сообщила своим акционерам о приостановке ежеквартальных выплат дивидендов до дальнейшего уведомления, поскольку пытается сохранить ликвидность. Сейчас компания сфокусировалась на укреплении баланса за счет сокращения операционных расходов. дальше »
2023-1-19 18:46 | |
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Digital Currency Group приостанавливает выплату дивидендов для сохранения ликвидности
Венчурная компания Digital Currency Group (DCG) сообщила своим акционерам о приостановке ежеквартальных выплат дивидендов до дальнейшего уведомления, поскольку пытается сохранить ликвидность. дальше »
2023-1-18 11:17 | |
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Genesis owner DCG suspends dividend payouts
Digital Currency Group (DCG) has discontinued dividend payments, according to the letter sent by the company to its shareholders on January 17. The post Genesis owner DCG suspends dividend payouts appeared first on CryptoSlate. дальше »
2023-1-18 05:06 | |
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Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday. дальше »
2023-1-18 02:30 | |
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Джастин Сан планирует купить активы DCG на $1 млрд
Согласно сообщениям Reuters, основатель Tron Джастин Сан планирует потратить до $1 млрд на приобретение активов материнской компании Genesis — Digital Currency Group (DCG). Китайский предприниматель утверждает, что готов потратить $1 млрд на активы DCG в зависимости от их оценки. дальше »
2023-1-16 10:46 | |
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Crypto.news weekly recap: former FTX boss maintains innocence, Nexo’s woes, DCG and Gemini face-off
From Sam Bankman-Fried's claims of innocence, crypto rebounce, FTX bankruptcy proceedings, Nexo raids, Coinbase layoffs, Gemini and DCG drama, the past week was activity-stuffed. дальше »
2023-1-16 19:23 | |
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Tron Founder Justin Sun Ready To Invest $1 Billion On DCG Assets
Digital Currency Group (DCG), the parent firm of struggling cryptocurrency lender Genesis, is liquidating some of its holdings. Tron founder and Chinese crypto entrepreneur Justin Sun is prepared to invest $1 billion to acquire the network. дальше »
2023-1-15 17:05 | |
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Justin Sun Reportedly Willing to Spend $1B on DCG Assets
Tron founder Justin Sun is reportedly planning to spend as much as $1 billion to acquire assets of Digital Currency Group (DCG). The post Justin Sun Reportedly Willing to Spend $1B on DCG Assets appeared first on BeInCrypto. дальше »
2023-1-15 16:24 | |
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Justin Sun says he may spend $1 billion on DCG assets
Justin Sun could spend $1 billion of his funds to buy assets belonging to Digital Currency Group, according to a report from Reuters on January 13. The post Justin Sun says he may spend $1 billion on DCG assets appeared first on CryptoSlate. дальше »
2023-1-14 03:11 | |
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Genesis Trading должны кредиторам больше $3 млрд
Объем задолженности Genesis Trading превышает $3 млрд. В рамках усилий по привлечению капитала материнская структура DCG рассматривает продажу активов на $500 млн из портфеля венчурных инвестиций, пишет Financial Times со ссылкой на осведомленные источники. дальше »
2023-1-13 12:43 | |
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DCG scrambling to raise funds to cover Genesis’ $3B debt burden
Embattled crypto lender Genesis owes over $3 billion to its creditors, the Financial Times reported on January 12, citing sources familiar with the matter. The post DCG scrambling to raise funds to cover Genesis’ $3B debt burden appeared first on CryptoSlate. дальше »
2023-1-13 18:45 | |
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Digital Currency Group Could Be Forced to Sell Assets to Pay $3 Billion Debt
Genesis, a subsidiary of DCG, is said to owe creditors more than $3bn and is in a high-profile dispute with the Winklevoss twins over money borrowed from their Gemini exchange. The post Digital Currency Group Could Be Forced to Sell Assets to Pay $3 Billion Debt appeared first on BeInCrypto. дальше »
2023-1-13 17:48 | |
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Grayscale: Decision In Bitcoin Spot ETF Lawsuit Vs. SEC Not Before Fall 2023
The fate of Genesis Trading, Digital Currency Group (DCG) and the Grayscale Bitcoin Trust (GBTC) continues to hang by a thread after Cameron Winklevoss took another step in the escalation over Gemini Earn customer funds with a new open letter on Tuesday. дальше »
2023-1-12 13:40 | |
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Gemini Puts An End To The Crypto Earn Program Amidst DCG Fallout
The contention between Gemini and the Genesis group has been spiraling, especially with the most recent development. Gemini has officially put a stop to the interest-bearing product, which is the flagship Earn program. дальше »
2023-1-12 18:33 | |
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Миллиардер Кэмерон Уинклвосс и глава DCG разошлись во взглядах на криптовалютные риски
Лендинговый продукт Earn стал причиной дискуссии о распределении рисков в криптосфере. «Эхо» коллапса криптобиржи FTX продолжает сказываться на криптосфере. Лендинговый продукт Earn, который был запущен криптобиржей Gemini в партнерстве с OTC-трейдинговой платформой Genesis Trading, оказался в сложной финансовой ситуации, а выплаты по этому продукту были «заморожены» в середине ноября 2022 года. Накопленные обязательства по этому […] дальше »
2023-1-11 17:15 | |
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Bitvavo rejects DCG’s 70% repayment proposal
Bitvavo, a Dutch crypto exchange, has rejected a 70% repayment proposal from Digital Currency Group (DCG). DCG is currently experiencing a liquidity crunch. For Bitvavo, it’s an all-or-none situation Bitvavo has released an update on the DCG situation. According to… дальше »
2023-1-11 16:58 | |
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Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt
After having about $290 million locked at Digital Currency Group, Bitvavo decided to pre-fund the assets on its own and is now looking for full repayment. дальше »
2023-1-12 16:07 | |
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DCG CEO Silbert addresses $1.1b note in his letter to investors
As the pressure continues to rise on Digital Currency Group (DCG), the US-based company’s CEO, Barry Silbert, says in a letter that DCG may not need to pay the $1.1 billion promissory note. According to the letter, the massive amount… дальше »
2023-1-11 11:41 | |
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Silbert responds to Winklevoss’s accusations: DCG doesn’t have to return the funds
Cameron accused Silbert of misrepresenting statements to Gemini on how the company was capitalized DCG’s responsibility for Genesis restructuring and bankruptcy based on non-callable $1. дальше »
2023-1-11 08:43 | |
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